KRN Heat Exchanger and Refrigeration's Q1 FY 2026-27 Quarterly Results

Result Summary

• KRN Heat Exchanger and Refrigeration Ltd reported a 40.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 114.6%.
• Its expenses for the quarter were up by 37.7% QoQ and 111.6% YoY.
• The net profit increased 40.8% QoQ and increased 164.9% YoY.
• The earnings per share (EPS) of KRN Heat Exchanger and Refrigeration Ltd stood at 5.2 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

KRN Heat Exchanger and Refrigeration Ltd operates in the industrial sector, specializing in the production and supply of heat exchangers and refrigeration systems. These products are pivotal in various applications, ranging from industrial cooling processes to commercial refrigeration units. The company caters to a broad array of industries, including HVAC, automotive, and manufacturing sectors, providing them with high-efficiency cooling solutions. As of the latest available data, there are no publicly available recent major developments or changes within the company. However, as with any company in this sector, it is subject to fluctuations based on market demand, technological advancements, and regulatory changes.

Revenue

For the first quarter of FY27, KRN Heat Exchanger and Refrigeration Ltd reported a total income of ₹255.09 crores. This marks a significant quarter-over-quarter (QoQ) growth of 40.6% from ₹181.40 crores in Q4FY26 and an impressive year-over-year (YoY) increase of 114.6% compared to ₹118.86 crores in Q1FY26. The notable increase in total income indicates growth in the company's market reach or sales volume. Such revenue growth reflects the company's ability to scale its operations effectively over the past year.

Profitability

In terms of profitability, the company achieved a Profit Before Tax (PBT) of ₹42.33 crores in Q1FY27, which is a 57.7% increase from the previous quarter's PBT of ₹26.85 crores, and a 131.4% increase from ₹18.29 crores in Q1FY26. The Profit After Tax (PAT) for Q1FY27 stood at ₹32.90 crores, showing a 40.8% rise from ₹23.36 crores in Q4FY26 and a 164.9% growth from ₹12.42 crores in Q1FY26. The tax expense increased substantially by 170.5% QoQ and 60.8% YoY, suggesting a change in tax liabilities or adjustments. Earnings Per Share (EPS) also rose to ₹5.20 in Q1FY27 from ₹3.75 in Q4FY26 and ₹2.00 in Q1FY26, indicating enhanced shareholder value.

Operating Metrics

The company's total expenses for the first quarter of FY27 were ₹212.77 crores, reflecting a 37.7% increase from the previous quarter's expenses of ₹154.54 crores and a 111.6% rise from ₹100.57 crores in the same quarter of the previous year. The cost structure shows that while expenses have increased, they have been offset by a higher increase in revenue, resulting in improved profitability metrics. The substantial growth in both income and expenses suggests a possible expansion in operations or increased scale of production. There are no available details on specific financial ratios such as P/E, debt-to-equity, or current ratios, which would typically provide further insights into the company's financial health and operational efficiency.